Newmont Corporation vs Direxion NASDAQ 100 Equal Weighted Index Shares — how do they compare? Newmont Corporation trades at $92.38 (market cap $95.23B), while Direxion NASDAQ 100 Equal Weighted Index Shares trades at $118.11. The key difference: Newmont Corporation pays a 1.17% dividend while Direxion NASDAQ 100 Equal Weighted Index Shares pays none, and Direxion NASDAQ 100 Equal Weighted Index Shares is trading nearer its 52-week high, Newmont Corporation nearer its low. Which is the better fit depends on your goals.
| NEM | QQQE | |
|---|---|---|
Market Cap | $95.23B | — |
Sector | Basic Materials | Broad Market / Factor |
52-Week High | $131.95 | $122.72 |
52-Week Low | $59.86 | $96.06 |
Enterprise Value | $91.98B | — |
Dividend Yield | 1.17% | — |
Trailing returns across standard periods
Newmont Corp is primarily a gold producer with operations and/or assets in the United States, Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, and Ghana. It is also engaged in the production of copper, silver, lead and zinc. The company's operations are organized in five geographic regions: North America, South America, Australia, Africa and Nevada.
Read more on NEM →QQQE is an ETF that seeks to track the performance of the NASDAQ-100 Equal Weighted Index. Unlike traditional market-capitalization-weighted indexes, this fund assigns equal weight to each of the 100 non-financial companies in the NASDAQ-100 and rebalances quarterly. This equal-weighting scheme reduces concentration risk in the largest technology companies and increases the fund's exposure to smaller-cap and mid-cap companies within the index, providing a differentiated growth profile.
Read more on QQQE →